A Brazilian judge today ordered BHP and Vale to pay $9.7 billion in damages for the 2015 collapse of Brazil’s Fundão dam, which they managed. This landmark ruling addresses the loss of 19 lives and the severe pollution of the Rio Doce River. Funds are earmarked for recovery in the affected regions, repairing both physical […]
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Over 40 nations express interest in joining BRICS; consensus still under discussion
Over 40 nations are showing interest in becoming members of BRICS, a bloc originally formed by Brazil, Russia, India, and China in 2009, with South Africa joining a year later. South Africa’s ambassador, Anil Sooklal, reported that 22 countries have formally expressed interest, while a similar number have informally approached the group. The idea of […]
Brazil’s Financial Morning Call for October 22, 2024
The Brazilian financial markets are set to navigate a significant day influenced by major global economic events and domestic corporate developments. Today’s agenda includes the BRICS Summit taking place in Russia, key speeches from central bank leaders in the Eurozone and the United Kingdom, and important manufacturing data from the United States. Economic Calendar – […]
